8 days on rocket

22 S 13th St, Allentown City, PA, 18102

$395,000

Home List Price

$4,691*

Closing Credit

5 Bedrooms
5 Full Baths
2,404 SqFt
$164/SqFt
Townhouse

Location

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22 S 13th St, Allentown$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
Year BuiltNew Const., 1905
HeatingNatural Gas
CoolingNone
MLS #748083
StatusActive

About 22 S 13th St

Investment Opportunity: 5-Unit Property in Allentown with Income-Generating Potential! Unlock a unique investment in the heart of Allentown with this versatile 5-unit building designed to maximize rental income! This property includes one spacious apartment and four shared rooms, creating a perfect mix of traditional and co-living spaces. This setup caters to the growing demand for affordable, flexible housing options, ideal for students and young professionals seeking budget-friendly spaces. Diverse Income Streams: Maximize revenue with both private and co-living spaces, reducing vacancy risks and increasing occupancy. High Demand Rental Market: Allentown is growing, and there’s an increasing need for affordable housing options. Shared rooms appeal to young professionals and students looking for budget-friendly living, creating a consistent tenant pipeline. Efficient Management and Turnover: This property’s setup allows for efficient management and faster tenant turnover in shared rooms, making it easier to maintain high occupancy levels. Value-Add Potential: Minor upgrades could boost rents and enhance property value. Strong Market Fundamentals: Allentown’s job growth and revitalization create a high-demand rental market, perfect for a stable tenant base. This is an excellent opportunity to own an income-generating property that benefits from Allentown's rental demand trends and offers versatile leasing options for high returns.

Property Details

Property Features

Property Information:

  • Year Built: 1905
  • Living Area: 2,404 SqFt

Listing Office:

  • Office Name: Steel City Realty
  • Office Phone: (484) 895-9005

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Located in Allentown

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $164/SqFt
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Housing Market Comparison

See how this home compares to others in Allentown, PA.

Med. Sold Price

$289.9K

Med. Price/SqFt

$167

Avg. Days On Market

18

# of Sold Homes

157

22 S 13th St vs Allentown

8 DAYS ON ROCKET

-10 Days

$395,000

+$105K More

$164/SqFt

-$3 Less

KEY TAKEAWAY

This property is $105K more than the Median Sold Price and $3/SqFt less than other homes in Allentown, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HIGH
  • MLS Number: #748083

Listing Office:

  • Office Name: Steel City Realty
  • Office Phone: (484) 895-9005

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Lehigh Valley REALTORS®. The MLS Listing Information has not been verified and is not guaranteed by MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2024 Greater Lehigh Valley REALTORS® All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-278691
5
/10
  • Central Elementary School

  • 829 W Turner St

  • 0.61 miles

  • Public District Grades 1-5

school-card-donut-278692
4
/10
  • Ramos Elementary School

  • 1430 W Allen St

  • 0.65 miles

  • Public District Grades KG-5

school-card-donut-278693
4
/10
  • Union Terrace Elementary School

  • 1939 W Union St

  • 0.72 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,962. Typical income of Allentown, PA residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 22 S 13th St

What is the listing price of this property?

The listing price of 22 S 13th St property is $395,000.

What type of property is this?

The property 22 S 13th St is a townhouse located in Allentown City, Pennsylvania, 18102.

Is this property for sale now?

Active Listing: 22 S 13th St is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 22 S 13th St has 5 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 22 S 13th St is 2,404 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 22 S 13th St is 1905.

Rocket HomesPennsylvaniaLehigh CountyAllentown1810222 S 13th St

This home is located at 22 S 13th St in Allentown City, PA and zip code 18102 in the Center City neighborhood. This 2,404 square foot home was built in 1905. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 06, 2024 and is currently priced at $395,000.

In October 2024 more than 74 listings in Allentown, PA were sold above the asking price. During the same period more than 27 listings were sold at asking price, while more than 56 were sold below. The inventory of homes for sale in Allentown, PA between September 2024 and October 2024 decreased by 5.8%. While the average time on the market in October 2024 was 18 days, the median list price was $289,995.

From Rocket Homes Real Estate and based on county public records data.

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